Virtus Newfleet Multi-Sector Bond ETF (NYSEARCA:NFLT) declared a monthly dividend on Monday, May 20th, Wall Street Journal reports. Investors of record on Tuesday, May 21st will be given a dividend of 0.1544 per share on Wednesday, May 29th. This represents a $1.85 annualized dividend and a yield of 7.68%. The ex-dividend date of this dividend is Monday, May 20th. This is an increase from Virtus Newfleet Multi-Sector Bond ETF’s previous monthly dividend of $0.09.
NFLT traded down $0.18 during mid-day trading on Monday, hitting $24.13. 6,459 shares of the stock were exchanged, compared to its average volume of 36,061. Virtus Newfleet Multi-Sector Bond ETF has a 1-year low of $22.19 and a 1-year high of $24.43.
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